We assign a technical rating of 9 out of 10 to DBTX. Both in the recent history as in the last year, DBTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DBTX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.99
5 important support areas can be observed.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DBTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBTX is up. |
| ChartMill Relative Strength | 91.28 | POSITIVE | DBTX has a high relative strength, it outperformed 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.68 | NEUTRAL | The RSI value for DBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DBTX has a negative trend. |
| Stochastics (14,3) | 20.2 | NEUTRAL | The Stochastics value for DBTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for DBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.06 | POSITIVE | The high ADX value value for DBTX suggests a strong trend. |
4.91
-0.04 (-0.81%)
ChartMill assigns a technical rating of 8 / 10 to DBTX.
The current trend direction for DECIBEL THERAPEUTICS INC (DBTX) is Bullish.
DECIBEL THERAPEUTICS INC (DBTX) has an RSI value of 51.682. This indicates that the stock is currently neutral.
The short term momentum for DECIBEL THERAPEUTICS INC (DBTX) is positive.
The buy/sell signal for DECIBEL THERAPEUTICS INC (DBTX) is buy as both the short term and long term trends are positive.